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There are now more Estate Agents in London than independent butchers, greengrocers and fishmongers

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Estate agents in London are opening at the rate of one every 1.6 days   Photo: Dan Kitwood/Getty Images More than 200 estate agents have opened in London in the past year, at a rate of one every 1.6 days, despite a crippling lack of supply and decline in transactions. The City of Westminster has the greatest number, at 228, and has seen a 27.4pc increase in estate agents opening in the past 12 months. Online estate agent HouseSimple.com carried out the research that found there are some 2,900 estate agents in the capital, outnumbering the total of independent butchers, greengrocers and fishmongers. Other boroughs which have seen steep rises in the number of estate agents include Islington (26.1pc) and Hammersmith and Fulham (15.9pc). The only borough where there was a decline in the number of agencies was Enfield, which has six fewer than the previous year. House prices in London grew 9.4pc during 2015, according to the Office for National Statistics, compared with the UK...